On October 19, Hangzhou Silan Microelectronics Co., Ltd. (securities abbreviated as Silan Micro) announced that it plans to invest in the construction of a “12-inch high-end analog integrated circuit chip manufacturing production line project.” At the same time, the company and its subsidiary Xiamen Silan Microelectronics Co., Ltd. (hereinafter referred to as Xiamen Silan Micro) plan to sign an agreement with Xiamen Semiconductor Investment Group and others.
Silan Micro said that the project to be invested and constructed this time is positioned in the field of high-end analog chips. With the rapid development of new energy vehicles, large-scale computing servers, industry, robots, communications and other industrial fields in the next few years, the investment and construction of this project will help accelerate the localization of high-end analog chips and improve the company’s international competitiveness.
In order to speed up and improve the company’s layout in the semiconductor industry chain, the company signed a strategic cooperation agreement with the Xiamen Municipal People’s Government and the Xiamen Haicang District People’s Government. At the same time, in order to implement the aforementioned agreement, the company and its wholly-owned subsidiary Xiamen Silan Micro signed an investment cooperation agreement with Xiamen Semiconductor Investment Group Co., Ltd. (hereinafter referred to as Xiamen Semiconductor) and Xiamen New Wing Technology Industrial Co., Ltd. (hereinafter referred to as New Wing Technology).
According to the agreement signed by the two parties, all parties cooperated in the joint venture project company “Xiamen Silan Jihua Microelectronics Co., Ltd. (hereinafter referred to as Silan Jihua)” in Haicang District, Xiamen City, as the implementation entity of the proposed investment project, to build a 12-inch integrated circuit chip manufacturing production line, with the product positioned as high-end analog integrated circuit chips.
The total planned investment of the project is 20 billion yuan , with a planned production capacity of 45,000 pieces/month, which will be implemented in two phases.
The first-phase project invested 10 billion yuan (including capital of 6.01 billion yuan, accounting for 60.1%, and bank loans of 3.99 billion yuan, accounting for 39.9%) to build the main factory building, supporting warehouses and other public auxiliary facilities, as well as the purchase of some process equipment. After completion, it will form a monthly production capacity of 20,000 pieces.
The second phase of the project plans to invest 10 billion yuan . Based on the first phase, through the purchase of process equipment and supporting implementation, the monthly production capacity will be increased by 25,000 pieces after completion. After reaching production, the two phases will achieve a total monthly production capacity of 45,000 pieces (annual output of 540,000 pieces).
Among them, the capital of Silan Jihua Phase I project is 6.010 billion yuan. The planned new registered capital this time is 5.1 billion yuan, which will be jointly subscribed by Silan Micro and Xiamen Silan Micro, Xiamen Semiconductor and New Wing Technology in the form of currency. Among them, Silan Micro and Xiamen Silan Micro will subscribe for a total of 1.5 billion yuan, Xiamen Semiconductor will subscribe for 1.5 billion yuan, and New Wing Technology will subscribe for 2.1 billion yuan. There is no premium for this investment.
Silanwei said that the funding sources of the company and Xiamen Silanwei are its own funds and are not raised funds.
After the completion of this capital increase, Silan Jihua’s registered capital will increase from RMB 10 million to RMB 5.11 billion. Silan Jihua was established in June 2025 and has not yet generated operating income.
The remaining 900 million yuan in the capital of the first phase of the project will be subscribed and contributed by other relevant investors that will be jointly introduced later.
Silanwei stated that this transaction does not belong to related transactions or major asset restructuring matters.
Public information shows that Silan Micro was established in September 1997 and is headquartered in Hangzhou. It is a high-tech enterprise specializing in integrated circuit chip design and the production of semiconductor microelectronics related products. In March 2003, Silan Micro was listed on the Shanghai Stock Exchange and was the first integrated circuit chip design company listed in China.
Silan Micro’s technology and products cover many fields of consumer products, and it has maintained a leading position in the country in many technical fields, such as green power chip technology, MEMS sensor technology, LED lighting and screen display technology, etc.
